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Economic Analysis Of Emerging Economies

Key information

  • Module code:

    4YYD0003

  • Level:

    4

  • Semester:

      Full Year

  • Credit value:

    30

Module description

This module introduces students to the tools and concepts of economics, and their application to emerging economies and economic development. While core concepts of economic analysis apply at any level of development, the economies of low- and middle- income countries differ in important ways from those of rich developed countries. They tend to be more volatile, and have large informal and traditional sectors, numerous market frictions, limited financial markets, and high levels of inequality. In term 1, students will learn the analysis of goods and labour markets, including the roles of competition and monopoly, and other market imperfections. 

Assessment details

Semester 1: 

  • Coursework

Semester 2: 

  • Coursework & Examination

 

Educational aims & objectives

This module aims to:

  • Introduce students to the core concepts and models of economics.
  • Develop the ability to use diagrams to express economic arguments.
  • Introduce the use of simple mathematics for expressing economic arguments.
  • Explore the key features that differentiate emerging economies from more developed economies, including greater levels inequality and poverty, less complete markets, and more market failures.

Learning outcomes

On completion of this module, students will be able to:

  • Use economic models to analyse the behaviour of firms and consumers in different markets, and the effects of government policies.
  • Develop the ability to use diagrams to make economic arguments.

Teaching pattern

20 x 2 hr lecture

20 x 1 hr seminar

Subject areas

Department

Module description disclaimer

King’s College London reviews the modules offered on a regular basis to provide up-to-date, innovative and relevant programmes of study. Therefore, modules offered may change. We suggest you keep an eye on the course finder on our website for updates.

Please note that modules with a practical component will be capped due to educational requirements, which may mean that we cannot guarantee a place to all students who elect to study this module.

Please note that the module descriptions above are related to the current academic year and are subject to change.